The Cryptos That Reached All-Time Highs Today
The cryptocurrency market has experienced a significant decline in the past 24 hours, with the total market capitalization losing $8 billion. Despite the broader market correction, some altcoins bucked the trend and surged to new all-time highs (ATH) today.
BeInCrypto analyzes three of the coins hitting all-time highs today, led by Just a Chill Guy (CHILLGUY)
Just a cold guy(CHILLGUY)
Meme coins based on popular internet characters Just a cold guy(CHILLGUYSince its launch on November 15, its value has surged. The altcoin climbed to a new all-time high of $0.58 during early Asian trade on Tuesday. However, it is currently trading at $0.47, down 18% from its peak price.
on November 25 postal On X, on-chain analytics data provider Nansen noted that the meme token had a smart money net flow of $108,450 in the past 24 hours. Smart money refers to institutions or large investors. This indicates large-scale Hodlers is increasing its holdings in CHILLGUY shares.
If this trend continues, memecoin prices could return to all-time highs. On the other hand, if the selling activity resumes, the price of CHILLGUY may drop below $0.40.
Virtual protocol (VIRTUAL)
VIRTUAL, the decentralized platform’s native token for creating and Monetizing AI Agents Virtuals Protocol rose to a new all-time high of $0.71 today. It is currently trading at $0.65, down 8% from that high.
VIRTUAL’s price surge has been supported by real demand for the altcoin, which is reflected in the rise in its Rising Strength Index (relative strength index). At press time, the value was 69.48.
The RSI indicator tracks overbought and oversold market conditions for an asset. It ranges from 0 to 100, with values above 70 indicating that the asset is overbought and in need of a correction. On the other hand, values below 30 indicate oversold conditions and hint at a price rebound.
VIRTUAL’s RSI is 69.48, indicating that buying activity from market participants is outweighing selling pressure. If this trend continues, the altcoin will revisit its all-time highs of $0.71 and attempt to rebound to higher levels. However, if profit-taking kicks in, VIRTUAL’s price could drop to $0.57, invalidating this bullish outlook.
aixbt for Virtuals (AIXBT)
AIXBT is currently trading at $0.08. The intraday increase reached 75%, hitting a record high of $0.09 today. In the past 24 hours, its trading volume totaled $6.05 million, a surge of 487%.
When an asset price rises with trading volume, it indicates strong market interest and participation, indicating that the price increase is supported by active buying. This shows confidence in the value of the asset and suggests that the upward trend may be sustainable.
If this bullish momentum continues, AIXBT will regain all-time highs. However, if sales activity begins, its value may drop to $0.07.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.
